Commercial Drone/Unmanned Aerial Vehicle (UAV) Market 2017 Global Analysis Of key Players –3D Robotics, Airobotics, AeroVironment, Airware, Amazon Prime Air, Bae Systems

Market Study Report adds global Commercial Drone/Unmanned Aerial Vehicle (UAV) market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
Commercial Drone Market is set to exceed USD 17 billion by 2024; according to a new research report. The shipments surpassed 100,000 units in 2016.

The growth of the market is credited to increasing venture capital investment in the market space. In 2016, there were about 105 deals with an approximation of USD 541 million. It was estimated that the investment in commercial drones moved from hardware to software in 2017 with the Venture Capitals (VCs) targeting end-to-end solutions, software, and counter-drone technology. One of the most important investments in 2017 was of 3D Robotics of about USD 53 million Series D round from Atlantic Bridge CapitalTrue, VenturesFoundry and GroupMayfield. It witnessed the transition from hardware to software services. Moreover, commercial drone market companies which led the funding were targeting industrial and enterprise inspection. With an ever-growing adoption of commercial drones, it implies great affordability for businesses and operators. Furthermore, manufacturing techniques of computer chips, economies of scale, and software advances are driving the cost of drone sensors and platforms and solutions.

The technological advancements and innovation in the commercial drone market space is also estimated to drive the revenue. The integration of artificial intelligence and advanced machine learning algorithms has developed several new avenues for utilization of UAVs capabilities. For instance, retail industry is also leveraging the capabilities for delivering package. In December 2016, Amazon successfully completed one of the first ever commercial deliveries in Cambridge, UK. Similarly, Zipline, a U.S. based robotics company deployed its fleet of drones to deliver blood in Rwanda to provide medical relief in remote areas of the East African region. The company even plans to utilize the capability of civil drones to delivery one of the largest drone delivery network in Tanzania.

Request a sample of this premium Commercial Drone/Unmanned Aerial Vehicle (UAV) market Research Report @ https://www.marketstudyreport.com/request-a-sample/467601/

The agriculture industry has emerged as one of the major end-users in the commercial UAV market. They are used for a wide range of applications such as planting, soil and field analysis, crop monitoring, health assessment, crop spraying and irrigation in the complete crop cycle. Other use cases include producing a precise 3D map for soil analysis, which can guide in planning of seed planting patterns. A drone-driven method of soil analysis offers data for nitrogen level and irrigation management, which is also estimated to be a major factor driving the commercial UAV market demand.  

Asia Pacific is estimated to gain substantial growth during the forecast period owing to the rapid increase in awareness for civilian drone applications and relaxation by government for the use of UAVs for commercial purposes. Furthermore, the presence of substantial number of drone's manufacturers in the region, especially in China, such as DJI and Xiaomi, is also estimated to be drive the growth of the commercial UAV market. The market is also aided by adoption of drones by the customers and enterprises in fields such as agriculture, retail, and construction.

Request a discount on standard prices of this premium Commercial Drone/Unmanned Aerial Vehicle (UAV) market Research Report at https://www.marketstudyreport.com/check-for-discount/467601/

The major vendors in the commercial UAV market are 3D Robotics, Airobotics, AeroVironment, Airware, Amazon Prime Air, Bae Systems, Cyberhawk Innovations Ltd., DroneDeploy, DJI, Ehang Inc, Hoverfly Technologies, Intel Corporation, Parrot, PrecisionHawk, senseFly, and Yuneec International. These players are leveraging on the various strategies such as product launch, and strategic alliance to enhance their product portfolio and gain market share. For instance, In January 2017, DJI acquired Hasselblad, a Swedish camera company. The acquisition will strengthen DJI's presence in high-end camera drones landscape by combining DJI's aerial drone technology with Hasselblad's cameras.

The global commercial drone market research report includes in-depth coverage of the industry with estimates & forecast in terms of shipments in units and revenue in USD from 2013 to 2024, for the following segments:

More Report At: https://empowerednews.net/author/gminsights/

Report Content

Chapter 1.   Methodology & Scope

 1.1.  Methodology

 1.1.1. Initial data exploration

 1.1.2. Statistical model and forecast

 1.1.3. Industry insights and validation

 1.1.4. Scope, definition and research parameters

 1.2.  Data Sources

 1.2.1. Primary

 1.2.2. Secondary

 Chapter 2.   Executive Summary

 2.1.  Commercial drone industry 360º synopsis, 2013 - 2024

 2.1.1. Business trends

 2.1.2. Regional trends

 2.1.3. Type trends

 2.1.4. Mode of operations trends

 2.1.5. Application trends

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Market Study Report

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email:sales@marketstudyreport.com

Website:https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog/

Connect with us:Google+ | LinkedIn | Twitter

This release was published on openPR.